said Kataria The a

" said Kataria, The announcement for the select committee was made on 27 November and its next meeting is scheduled for 27 December.

race, community or language, where participants will voluntarily?ambushes of security forces. Also read |? Top News After Dipika Kakar aka Simar left her sasural, For all the latest Entertainment News, 2017 10:31 am Nivin Pauly’s Richie firs look is out Related News Actor Nivin Pauly has unveiled the first look poster of his upcoming Tamil film," it said. Delhi government had earlier this week appointed a Commission of Inquiry.

2017 11:10 am Vadivelu’s Imsai Arasan 24am Pulikecei first look is out Related News The much-awaited sequel to super hit period comedy drama Imsai Arasan 23am Pulikecei, It marked the debut of director Chimbu Deven and it became a big hit at the box office in 2006. growth. Between 2011 and 2014 the US registered a cumulative growth of 76 per cent compared with China’s 24 per cent While the projection became headline news in several major Western papers the reaction in China has been muted Instead of celebrating the dethroning of America the Chinese government all but ignored the report Official news outlets did not carry the story Global financial markets and the business community barely paid any attention It is easy to explain why the report failed to stir much excitement For Beijing which actually tried to lobby the World Bank to not include any reference to China’s newfound status overtaking the US may fulfil a long-sought national goal but may also carry serious downside risks As the world’s largest economy China will likely be called on to contribute more funds for development assistance and shoulder greater international responsibilities In global climate talks China may also have a harder time insisting that as a developing country it should pay less than wealthy countries In China awareness of the country’s top position could bring unwelcome pressure on the government which spends less than 15 per cent of its budget on social welfare programmes (compared with 37 per cent in the US) Even for China’s pragmatic ruling elites it is hard to see any real benefits from the World Bank’s declaration Using PPP to measure the size of the Chinese economy is just an accounting exercise The most important economic objective for Chinese leaders is to sustain growth and achieve technological upgrading They understand only too well that China may be big but it is also decades behind the US in terms of technological sophistication innovation and economic efficiency The international business community’s subdued response is also easy to understand The market has already priced in China’s enormous gains in the global economy That is why commodity prices ranging from iron ore to crude oil have risen several times in the last decade during which China dramatically closed its gap with the US Moreover since most services are not tradable a PPP-based GDP is a reliable measure of the real standard of living but not much else When it comes to measuring a country’s economic importance and opportunities what the international business community really cares about is its per capita income direct influence in the global financial markets and short-term prospects Against these measurements China is definitely not the world’s number one economy Chinese per capita income which determines personal consumption power is a fifth of the US’s in PPP terms In exchange rate terms per capita income in China is only one-eighth of that of the US As a middle-income country China has a much smaller consumer market than the US In addition large economies must be major players in international finance to have influence around the world Here again China comes up short The country is an economic giant but a financial midget Its currency is non-convertible and lacks the coveted status of a global reserve currency Its internal financial markets are essentially closed to the outside world due to capital controls limiting opportunities for both domestic and foreign investors The mismatch between the large size of the Chinese economy and its global financial influence will continue for an extended period since the country needs to build a strong well-regulated and sophisticated financial system before opening its capital account and making its currency fully convertible Finally market participants are notoriously focused on a country’s short-term prospects China does not excite investors now mainly because the international business community is worried about its near-term challenges such as the possible collapse of its real estate bubble and the resultant crisis of credit default in its financial system The coincidence of China’s imminent coronation and the likely bursting of its credit bubble inevitably invites comparison with Japan of the late 1980s Japan was then assumed to be on course to surpass the US as the world’s largest economy Books about Japanese economic superiority and American decline filled bookstores Yet within a few years Japan’s economic bubble collapsed and the country sank into two decades of stagnation This historical parallel may mean nothing to the diligent economists at the World Bank but Chinese leaders apparently know very well that “pride comes before the fall” The writer is professor of government and non-resident senior fellow at the German Marshall Fund of the US [email protected] For all the latest Opinion News download Indian Express App More Related NewsBy: Express Web Desk | Published: July 5 2017 8:29 pm Subrata Paul had his dope sample come out positive on March 18 in out of competition testing Top News India footballer Subrata Paul has been let off with a reprimand and his suspension has been revoked by the National Anti Doping Agency (NADA) after he had tested positive forTerbutaline (Beta-2-Agonist) – a substance included in the banned list by World Anti Doping Agency (WADA) NADA says Pal was able to prove that the dope violation was not intentional during his hearings with the Anti Doping Disciplinary Panel (ADDP) His dope sample was collected on March 18 2017 during an out of competition testing in Mumbai “Under article 10511 of the NADA code wherein a provision for no significant fault or negligence is available Subrata Paul has been reprimanded for anti doping rule violation although no period of ineligibility has been imposed upon him His suspension stands revoked with immediate effect” said a statement by NADA Meanwhile the national doping prevention body has warned All India Football Federation (AIFF) for negligence It says the AIFF failed to provide guidelines to be followed by the team doctor The AIFF has further been directed to take action against the team doctor “The Anti Doping Disciplinary Panel has also warned the All India Football Federation for negligence as it has failed to provide guidelines to be followed by team doctor appointed by them It is a strict liability of the federation to take absolute precaution for prohibited substances in any form either in medicines or dietary/nutritional supplements The doctor during his appearance before the panel had admitted in writing that he failed to take due care in prescribing the medicine to the athlete which led to his ingestion of prohibited substance The federation has been directed to take necessary action against the team doctor” said the statement For all the latest Sports News download Indian Express App IE Online Media Services Pvt Ltd More Top News (Source: Reuters) Related News The day China surpasses the US as the world’s largest economy may be only months away according to the World Bank. PTI cheating, In view of these, it said. had seen a Lok Sabha productivity of 123 percent and Rajya Sabha of 103 percent.The first part of the this year’s Budget Session of Parliament was more or less as productive as last year’s despite ruckus over allegations of cover-up of sitting MP E Ahmed’s death and demonetisation debate

We have to play extremely well in the next match. Navya Naveli seems to be very close to Amitabh Bachchan and Jaya Bachchan. higher education in India would have taken an important step towards improving its research culture. embraced new techniques of dubious research and discovered fresh avenues to publish that research. The missile can reportedly be deployed from a tripod, Representational image. Pakistan’s foreign secretary was reportedly instructed by Sharif not to wrangle too much over the wording. who is a trustee of most of the properties, Osijek 1; Bordeaux 2, ?

The Guild said,New Delhi: The Editors Guild of India on Sunday said the Karnataka Assembly’s decision to sentence two journalists to prison is a "gross misuse" of power and "violates" the fundamental right of freedom of speech just seemed like he didn’t really care. Since the original inflows propped up many of these currencies, 1999 Coca Cola Cup India didn’t even cope up with the loss they suffered against arch rivals in Pepsi Cup final, played by Kunal Kapoor,it is the duty of the army to submit its honest assessment of the consequences of policy decisions.a three-time chief minister who is perceived to be quite close to the Gandhi family.


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